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CLLA Update - S. 105 Introduced

On January 11, 2017 Sen Deb Fischer (R – NEB) reintroduced bill, S. 105 to change the CFPB structure. The bill would replace Richard Cordray, director of the CFPB, with a 5-member board of directors. The bill was referred to the Senate Committee on Banking, Housing, and Urban Affairs and a copy of the bill can be found here.